Wells Fargo Advisors is a subsidiary of Wells Fargo & Company, one of the largest financial services companies in the United States. The firm provides a vast array of financial products and services, including wealth management, investment, and asset management services. It is committed to helping individuals and businesses fulfill their financial goals through informed and professional financial counseling.

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By Himfr Paul

This year pepper, aniseed, mushrooms, etc. are quietly rising prices of agricultural products, the current price of good quality pepper is 25 yuan / kg, compared to same period last year to 18 yuan / kg, Nearly half of the price rises. Reporter yesterday learned from the beautiful land of agricultural markets, currently the best hemp products with the highest price reached 35 yuan pepper / kg, 16 yuan per catty of aniseed price is three times the price a year earlier. As the new year, Chinese prickly ash, aniseed not yet listed, producing less inventory, the recent round of high prices is still hard to lower.

“Sold out of this bag, I will not purchase, and are no longer marketable.” Boss of the Office of Ocean Road, wholesale seasoning Ms. Lee faced a bag full of pepper frustration. She said that now pepper prices rose too fierce, the average price also was 25 per pound, such a high price sometimes are not sell a pound a day.

In the Glorious Land Wholesale Market, there is a pepper prices were relatively higher wholesale price to 35 yuan / kg, the four cluster of pepper. Marketing Manager, said Wang Lei, Sichuan pepper is famous, all over dealers love to Sichuan getting goods. However, Southwest’s “late spring” to a lot of pepper seedlings were frozen to death had frostbite, but they run into the hundred years of drought. “Now the Chinese prickly ash are basically stock, the new pepper 1 cut, local people have to hoard.”

Starting from April, Shaanxi and Gansu provinces of pepper seedlings to extreme weather, resulting in more than half of pepper cut. So from April pepper prices continued to rise since the current price of good quality pepper is 25 yuan / kg, compared to same period last year to 18 yuan / kg, Nearly half of the price rises. Emerging market information center related to official said, and now the new pepper has been listed, as listed reduced, but also the existence of the phenomenon of commercial speculation, is expected to pepper the short term prices can not come down substantially.

Aniseed wholesale prices are abnormally high, only 5-6 per kilogram last year, and now the average price to 16 yuan. Reporter has learned that the mushrooms produced in Fujian this year was higher price trends, usually more than 20 dollars a pound of mushrooms, now more than a dozen of your dollars, the wholesale price of 38 yuan / kg.

“The vendors are now producing is difficult to receive the pepper from a pepper farm there.” Beijing a year-round supply to domestic supermarkets pepper, aniseed, etc. seasoning company official told reporters, currently marketed pepper, aniseed most last year’s inventory, place of origin affected by the weather this year in addition to severe cuts, while the local stock shortage of hot money in the store goods are difficult to control behavior, “the market price changes day by day, as the broker for not store goods, and supermarkets has not allow us to easily price adjustment can only follow the market or even lose money to sell. ”

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Source: isnare.com

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